Rockport Wealth LLC Has $16.57 Million Stake in iShares Morningstar Mid-Cap Growth ETF $IMCG

Rockport Wealth LLC lessened its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 47.7% during the first quarter, Holdings Channel reports. The institutional investor owned 210,407 shares of the company’s stock after selling 191,896 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises approximately 3.0% of Rockport Wealth LLC’s portfolio, making the stock its 10th largest holding. Rockport Wealth LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $16,571,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IMCG. D.A. Davidson & CO. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 12.2% in the 1st quarter. D.A. Davidson & CO. now owns 5,378 shares of the company’s stock valued at $424,000 after acquiring an additional 586 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the first quarter valued at about $252,000. Sigma Planning Corp raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 1.5% during the first quarter. Sigma Planning Corp now owns 129,887 shares of the company’s stock worth $10,231,000 after acquiring an additional 1,982 shares in the last quarter. Bedel Financial Consulting Inc. raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 3.7% during the first quarter. Bedel Financial Consulting Inc. now owns 165,140 shares of the company’s stock worth $13,008,000 after acquiring an additional 5,817 shares in the last quarter. Finally, Kellett Wealth Advisors LLC boosted its position in iShares Morningstar Mid-Cap Growth ETF by 4.9% during the first quarter. Kellett Wealth Advisors LLC now owns 56,619 shares of the company’s stock valued at $4,460,000 after purchasing an additional 2,633 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.7%

Shares of IMCG opened at $96.36 on Thursday. The company’s fifty day simple moving average is $94.21 and its 200 day simple moving average is $86.76. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $75.67 and a 1-year high of $98.83. The company has a market cap of $3.94 billion, a price-to-earnings ratio of 28.77 and a beta of 1.12.

iShares Morningstar Mid-Cap Growth ETF Company Profile

The iShares Morningstar Mid-Cap Growth ETF (IMCG) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Growth index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their growth characteristics. IMCG was launched on Jun 28, 2004 and is managed by BlackRock.